City - BI Accelerates Digital Economic and Financial Investment

Jakarta is committed to strengthening its role as a national economic and business center as well as a competitive global city.

This shows that Jakarta has great potential in

Jakarta One-Stop Investment and Integrated Services Agency (DPMPTSP) Head, Denny Wahyu Haryanto stated Jakarta had great potential to become the center of Indonesia's digital economy. He said, as the center of economic activity in Jabodetabekpunjur, Jakarta has 10 million residents with 82.47 percent cell phone ownership and internet penetration of 83.34 percent in 2023.

"Based on the survey on the Status of Digital Literacy in Indonesia conducted by the Ministry of Communication and Information in 2022, Jakarta is ranked among the 10 cities with the best digital literacy in Indonesia. This shows that Jakarta has great potential in the aspects of digital skills, digital ethics, digital safety and digital culture," he expressed, Tuesday (8/6).

Jakarta KPw BI's Role Accelerating Economic Growth Appreciated

He explained the Jakarta Provincial Government had established a Roadmap for the Implementation of Electronification of Regional Government Transactions (ETPD) in order to accelerate financial digitalization in Jakarta.

According to him, the ETPD Implementation Roadmap is very important to increase transparency, effectiveness and efficiency of regional government financial management.

"Hopefully, it can help accelerate investment in the financial sector and digital transformation in Jakarta in supporting Jakarta's vision towards becoming a Global City," he hoped.

Jakarta Branch Bank Indonesia Representative Head, Arlyana Abubakar uttered the use of digital financial systems in Jakarta is very high. Therefore, he is very optimistic that Jakarta will be able to become the center of the digital economy in Indonesia.

"Of course, we're very optimistic, because if we look at the current conditions, people carry out various activities, both in a financial context, such as using transportation, marketplaces and also all payment transactions are carried out digitally," he explained.

He furthered the digital economic and financial ecosystem is a very important component for Jakarta to become a competitive global city. He was optimistic that Jakarta's economic growth in the future will be of higher quality and sustainable with good synergy and collaboration between stakeholders.

According to him, strong synergy and collaboration could encourage accelerated investment in developing the digital economy and finance in Jakarta, with the hope of improving the quality of economic growth so that it could be higher, more inclusive and sustainable.

"One of the important requirements for becoming a competitive global city is how to prepare the digital economic and financial ecosystem. So, besides how we can encourage economic activity in Jakarta, it will also increase investment in the digital financial economy," he stated.